Rapture Company had the following information for eurrent year relating to accounta receivable: Acoounta receivable, January 1 Credit sales Collectiona from customers, excluding recovery Accounta written off Collection of accounta written off in prior year. customer credit waa not reeatablished Eatimated unollectible receivables per aging at December 31 1,300 4.750.000 12000 25.000 165 000 What is the balance of accounta receivable, before allowane for doubtful accounta, on December 31 a. 1,825,000 b. 1,850,000 e. 1,950,000 d. 1,990,000

Rapture Company had the following information for eurrent year relating to accounta receivable: Acoounta receivable, January 1 Credit sales Collectiona from customers, excluding recovery Accounta written off Collection of accounta written off in prior year. customer credit waa not reeatablished Eatimated unollectible receivables per aging at December 31 1,300 4.750.000 12000 25.000 165 000 What is the balance of accounta receivable, before allowane for doubtful accounta, on December 31 a. 1,825,000 b. 1,850,000 e. 1,950,000 d. 1,990,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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